Feminism and Economics

By Julie A. Nelson

Journal of Economic Perspectives, Spring 1995

Recent feminist theorizing about gender and science could improve economic practice. The usual definitions of the subject matter, models, methods, and pedagogy of economics, while often perceived as value-free and impartial, contain distinct masculine bia...

Fire Sales in Finance and Macroeconomics

[Symposium: Financial Regulation after the Crisis]

By Andrei Shleifer and Robert Vishny

Journal of Economic Perspectives, Winter 2011

Analysts of the recent financial crisis often refer to the role of asset "fire sales" in depleting the balance sheets of financial institutions and aggravating the fragility of the financial system. The term "fire sale" has been around since the nineteent...

The Myth of the East Asian Miracle: The Macroeconomic Implications of Soft Budgets

By Chong-En Bai and Yijiang Wang

American Economic Review, May 1999

A Seniority Arrangement for Sovereign Debt

By Satyajit Chatterjee and Burcu Eyigungor

American Economic Review, December 2015

A sovereign's inability to commit to a course of action regarding future borrowing and default behavior makes long-term debt costly (the problem of debt dilution). One mechanism to mitigate this problem is the inclusion of a seniority clause in debt contr...

Estimates of the Size and Source of Price Declines Due to Nearby Foreclosures

By Elliot Anenberg and Edward Kung

American Economic Review, August 2014

Using new data on real estate listings, we provide new evidence that foreclosures have a causal effect on nearby house prices and disentangle the effect into two sources: competition and disamenities. We identify the causal effect by showing that sellers ...

Why do We Die? Economics, Biology and Aging

By Arthur J. Robson and Hillard S. Kaplan

American Economic Review, May 2007

Minutes of the Annual Business Meeting: San Diego, CA, January 5, 2013

By Peter L. Rousseau

American Economic Review, May 2013

Input Trade and the Location of Production

By Ronald Findlay and Ronald W. Jones

American Economic Review, May 2001

Social Distance and Other-Regarding Behavior in Dictator Games: Reply

By Elizabeth Hoffman, Kevin McCabe, and Vernon L. Smith

American Economic Review, March 1999

The Reaction of Household Consumption to Predictable Changes in Social Security Taxes

By Jonathan A. Parker

American Economic Review, September 1999

Can Marginal Rates of Substitution Be Inferred from Happiness Data? Evidence from Residency Choices

By Daniel J. Benjamin, Ori Heffetz, Miles S. Kimball, and Alex Rees-Jones

American Economic Review, November 2014

We survey 561 students from U.S. medical schools shortly after they submit choice rankings over residencies to the National Resident Matching Program. We elicit (a) these choice rankings, (b) anticipated subjective well-being (SWB) rankings, and (c) expec...

Recommendations for Further Reading

By David Felix

Journal of Economic Perspectives, Summer 1999

How Liable Should a Lender Be? The Case of Judgment-Proof Firms and Environmental Risk: Comment

By Tracy R. Lewis and David E. M. Sappington

American Economic Review, June 2001

Using Artefactual Field Experiments to Learn about the Incentives for Sustainable Forest Use in Developing Economies

By Maarten Voors, Erwin Bulte, Andreas Kontoleon, John A. List, and Ty Turley

American Economic Review, May 2011

We implement a public goods game and a social intervention modeled after a public goods game in rural Sierra Leone near the Gola Forest Reserve. We also collect demographic, economic and forest conservation data on households in the area. We use this data...

Disentangling the Effects of Health Reform in Massachusetts: How Important Are the Special Provisions for Young Adults?

By Sharon K. Long, Alshadye Yemane, and Karen Stockley

American Economic Review, May 2010

Policy Watch: The Introduction of Indexed Government Debt in the United States

By David W. Wilcox

Journal of Economic Perspectives, Winter 1998

This article describes the early phases of the development of the market for indexed government debt in the United States. The first such bonds were issued in 1997--one set with a maturity of ten years, the other with a maturity of five years. In the wake...

Panel Discussion

By Martin Feldstein, Mervyn King, and Janet L. Yellen

American Economic Review, May 2004

Portfolio Claustrophobia: Asset Pricing in Markets with Illiquid Assets

By Francis A. Longstaff

American Economic Review, September 2009

Many classes of assets are illiquid or nonmarketable in that they cannot always be traded immediately. Thus, a portfolio position in these becomes at least temporarily irreversible. We study the asset-pricing implications of this type of illiquidity in...

Trade Liberalization and the Skill Premium: A Local Labor Markets Approach

By Rafael Dix-Carneiro and Brian K. Kovak

American Economic Review, May 2015

We develop a specific-factors model of regional economies that includes two types of workers, skilled and unskilled. The model delivers a simple equation relating trade-induced local shocks to changes in local skill premia. We apply the methodology to Bra...

Retrospectives: Schumpeter, David Wells, and Creative Destruction

By Michael Perelman

Journal of Economic Perspectives, Summer 1995

Joseph A. Schumpeter's celebrated theory of creative destruction was anticipated by David Wells's Recent Economic Changes (1989). In some respects, Wells's treatment is superior to that of Schumpeter. Unlike Schumpeter, who believed that monopolistic comp...